News: Brokerage

Fashion Business Corp. extends 7,900 s/f lease at GFP’s 209 W. 38th St.

Manhattan, NY According to GFP Real Estate, LLC, Fashion Business Corp., a scaled design & manufacturing company specializing in quality fast fashion apparel, has signed a five year lease extension for its 7,900 s/f of space on the seventh floor of 209 West 38th St. in Midtown South.

Mathew Mandell of GFP Real Estate represented the landlord, GFP Real Estate, and the tenant, Fashion Business Corp., in the transaction. The company, which will continue to use the space for its showroom and general and executive offices, first moved into the building in 2010.

“Fashion Business Corp. has been a valued tenant at 209 West 38th Street for many years, and we’re thrilled to see them reaffirm their long-term commitment to the building,” said Matthew Mandell of GFP Real Estate. “Their continued presence speaks to the building’s enduring appeal to top-tier fashion companies, and we’re proud to support their growth in the heart of the Garment District.”

Built in 1910 under the supervision of the architect Frank J. Helmle, 209 West 38th Street is a 12-story, 160,000 s/f office building that is home to several big-name fashion tenants, while the base of the building features the iconic Ben's Kosher Delicatessen. Located in the renowned Garment District, the building is close to many subway lines as well as a variety of amenities.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,